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Iron ore struggles for direction as prospect of China steel output cut weighs

Iron ore futures pared early gains on Wednesday and struggled for a clear direction, as market discussions over potential steel production cuts in top...

Baltic index snaps 5 sessions of gains as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped a five-session winning streak on Wednesday, weighed...

Perenco acquires Golar LNG stake

Perenco has purchased a stake in Golar LNG. According to a SEC filling by Golar, Perenco’s investment affiliate Naria has taken a 9.9 percent stake. “The...

DP World Romania doubles container shipping capacity in Black Sea port

DP World Romania has more than doubled its container shipping operating capacity in the Black Sea port of Constanta following investment that will also...

South Korea bolsters shipbuilding industry with $10.75 billion financial support

In a significant move to bolster South Korea’s shipbuilding industry, Minister of Trade, Industry and Energy Ahn Duk-geun and Financial Services Commission Chairman Kim...

Iron ore pares gains after talks of China steel control

Iron ore futures prices rebounded on Tuesday, but were off their session high as investors booked profits following market talks of controlling steel output...

Baltic index hits more than one-month high as capesize rates rise

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to its highest level in more than...

Fitch Ratings updates oil and gas price assumptions

Fitch Ratings has maintained most of its oil and gas price assumptions, reflecting broadly unchanged market fundamentals. Our base-case oil price assumptions have not changed....

Mitsubishi Shipbuilding receives orders for Japan’s first methanol-fueled RORO cargo ships

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has received orders from Toyofuji Shipping Co., Ltd. (Aichi Prefecture) and Fukuju Shipping Co.,...

Thenamaris sells 38,100 cbm LPG carrier

Thenamaris has reportedly sold a 2018-built LPG carrier. According to sources cited by TradeWinds, the company is thought to have sold the 38,100 cbm...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...